Healthcare Contract Research Outsourcing Market
Healthcare Contract Research Outsourcing Market Analysis by Service (Clinical Trial Services, Regulatory Services, Clinical Data, Management & Biometrics, Medical Writing), by Therapeutic Area (Oncology/Hematology, CNS, Infectious Diseases), by End User & Regional Forecast 2021-2028
Analysis of Healthcare Contract Research Outsourcing market covering 30 + countries including analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Healthcare Contract Research Outsourcing Market Outlook
The global healthcare contract research outsourcing market is anticipated to rise at a CAGR of 6.6% from 2021 to 2028. In 2020, revenue from healthcare contract research outsourcing was US$ 38.4 Bn, which is expected to reach US$ 63.09 Bn by the end of 2028.
Report Attributes |
Details |
|
Healthcare Contract Research Outsourcing Market Size (2020) |
US$ 38.4 Bn |
|
Projected Year Value (2028) |
US$ 63.09 Bn |
|
Global Market Growth Rate (2021-2028) |
6.6% CAGR |
|
North America Market Share (2028) |
43.1% |
|
Key Companies Profiled |
|
Revenue Analysis of Healthcare Contract Research Outsourcing from 2017-2020 Vs Market Outlook for 2021-2028
“Rising Privatization of Clinical Trials Driving Demand for Healthcare Contract Research Outsourcing Services”
As per Fact.MR, a market research and competitive intelligence provider, the global market for healthcare contract research outsourcing (CRO) was valued at US$ 40.34 Bn in 2021.
Demand for contract research outsourcing in the healthcare sector is expected to rise due to increasing pressure on drug developers related to clinical data management, regulatory affairs outsourcing, and demanding safety standards.
Not only drug production, but also clinical trials, are outsourced by healthcare and pharmaceutical corporations. Preclinical outsourcing to developed countries is becoming more common as clinical trials become increasingly privatized.
Rising complexity of regulatory procedures and increased involvement of healthcare providers in drug approval and reimbursement are likely to drive the worldwide healthcare contract research outsourcing market.
The competence of CROs in therapeutic areas, as well as regional filing methods, helps the market growth. A regulatory filing assistance is provided by a variety of contract research groups at various phases of medication development.
All of these factors are expected to drive the market at 6.6% CAGR from 2021 to 2028.
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Which Key Trend is Driving Demand for Healthcare Contract Research Outsourcing?
“Development of Precision Medicines to Augment Market Growth”
Precision medicine is a relatively new idea in healthcare that is gaining traction due to a shift in medicine's focus from reaction to prevention. Precision medicine is becoming more crucial for focused therapy due to the high expenses of trial-and-error medicine.
Majority of CROs are focusing on precision medicine in order to reduce the overall costs of drug development failure and the time it takes. CROs give support and direction for precision medicine trials at every level.
Because developing a comprehensive infrastructure with the most up-to-date facilities is costly, many small businesses are outsourcing R&D to preclinical CRO services to save large costs and save time and resources required to finish the procedure, which includes everything from drug conception through FDA marketing approval.
What are the Challenging Factors for Market Expansion?
“Lack of Skilled Professionals & Variation in Regulatory Guidelines Hampering Market Growth”
Lack of awareness in the field of healthcare CRO and differences in regulatory rules and licensing processes in many countries are hampering the market growth.
Implementation of sophisticated technology is hampered by a lack of skilled employees. Although research outsourcing can save money, it can also risk quality and efficacy. Because the outsourced research job involves clinical trials outsourcing, medical affairs outsourcing, medical writing outsourcing, and regulatory affairs outsourcing, it is critical to ensure that the product is of sufficient quality.
Outsourced research operations are still not being handled at the required standards, and some parts of the sector are wary of outsourcing.
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Which Region is Expected to Lead the Global Healthcare Contract Research Outsourcing Market?
“Rise in Government Support for R&D Activities to Propel Industry Growth in North America”
North America is expected to account for is expected to account 43.10% share of the healthcare contract research outsourcing market by 2028 due to the large demand for preclinical CRO services and solutions. The region is also a hub of advanced healthcare infrastructure.
Increasing government support for R&D activities through grants and funds to research institutes and corporations is driving the market growth in North America.
Country-wise Insights
Why is the U.S. an Emerging Market for Healthcare Contract Research Outsourcing Service Providers?
“Prominent Presence of Well-established Enterprises Boosting Market Revenue”
The United States dominates the healthcare contract research outsourcing business due to the high-quality standards of the pharmaceutical industry. The market revenue growth is also aided by the existence of well-established enterprises and easy access to specialized technologies.
Additionally, the rapid growth of its biosimilar and biologics markets, as well as an increase in clinical trial activities, will propel the healthcare contract research outsourcing industry forward.
What is the Healthcare Contract Research Outsourcing Market Outlook for China?
“High Prevalence of Chronic Diseases to Drive Market Expansion”
The market in China is expected to rise at a high rate due to the high prevalence of chronic diseases, the availability of diverse populations, the ease with which patients can be recruited and retained, and the implementation of laws that adhere to established norms.
The market is expected to increase over the coming years due to expenditures on facilities and resources in functional services such as central laboratories, imaging, and clinical supplies.
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Category-wise Insights
Why are Clinical Trial Services Gaining Immense Traction?
“Clinical Trial Services Remain Preferred to Evaluate Efficacy of New Medicines”
The clinical trial services segment is expected to dominate the global market over the forecast period. Outsourcing clinical trial services to CROs is expected to add to the segment's big market share in the near future by lowering R&D costs and shortening drug development timelines.
Emergence of novel treatments and advanced technologies, rapid deployment of advanced technologies, and rising need for new medicines evaluation are driving the demand for clinical trial services.
Technological advancements in clinical trial services and rising demand for contract research organizations to conduct clinical trials will drive market growth over the coming years.
Which End User Will Emerge as Key Market Contributor?
“Pharmaceutical Companies Maintaining Lead Owing to Cost-effective Advantages”
Pharmaceutical companies are concentrating on producing technology that is both more efficient and safe. Increasing investments in research and development are projected to help the pharmaceutical companies segment grow their revenue during the forecast period. Pharmaceutical businesses are rapidly outsourcing R&D to CROs in order to save money on in-house research infrastructure.
Due to increased demand for creative products and patent expiration, small pharmaceutical companies are also looking for breakthroughs in product development through CRO solutions.
Rising complexity of drug development, the need for shorter drug development timelines, cost-effectiveness, and the benefit of gaining therapeutic expertise associated with outsourcing services have favored outsourcing services to CROs, resulting in a significant share of pharmaceutical companies in the global healthcare contract research outsourcing market.
COVID-19 impact on Healthcare Contract Research Outsourcing Services Demand
The COVID-19 pandemic severely impacted the growth of the healthcare contract research outsourcing market. The market for healthcare contract research outsourcing was harmed by factors such as a lack of patients and the temporary closure of clinical trial operating locations.
The COVID-19 pandemic wreaked havoc on the healthcare industry as a whole, affecting every major scientific, medical, and technical area.
Now, to make the most efficient and effective use of their development skills globally, healthcare corporations frequently outsource drug development responsibilities to contract research groups. The healthcare contract research outsourcing industry is expected to be transformed by the increasing adoption of machine learning-based platforms, artificial intelligence, and creative trial designs over the coming years.
Competitive Landscape
Key companies outsource complicated R&D tasks that must be monitored regularly. Healthcare CROs function and manage the procedures of bringing new goods to market according to timelines set by customers.
Healthcare contract research outsourcing service providers are now developing alliances to broaden their market reach by providing services and solutions over a broad market sector and enhancing client-contractor relationships.
For instance,
- In March 2020, Medpace Holdings, Inc., a healthcare CRO, teamed up with Medidata Solutions, a software-as-a-service firm, to combine its imaging methods and workflow with Medidata Rave imaging for clinical trials.
Key Segments Covered in Healthcare Contract Research Outsourcing Industry Research
-
By Service:
- Clinical Trial Services
- Preclinical
- Clinical
- Regulatory Services
- Clinical Data Management & Biometrics
- Electronic Data Capture
- Electronic Patient Recorded Outcomes
- Others
- Medical Writing
- Pharmacovigilance
- Site Management Protocol
- Others
- Clinical Trial Services
-
By Therapeutic Area:
- Oncology/Hematology
- CNS
- CV/Metabolic
- Respiratory
- Infectious Diseases
- Immunology
- Rare Diseases
- Medical Devices
- Others
-
By End User:
- Pharmaceutical Companies
- Biotechnology Companies
- Medical Device Companies
- Academic Institutes & Government Organizations
-
By Region:
- North America
- Europe
- Asia Pacific
- Latin America
- MEA
Table of Content
1. Global Healthcare Contract Research Outsourcing Market - Executive Summary 1.1. Global Market Overview 1.2. Demand Side Trends 1.3. Supply Side Trends 1.4. Fact.MR Analysis and recommendation 2. Global Healthcare Contract Research Outsourcing Market Overview 2.1. Market Coverage / Taxonomy 2.2. Market Introduction and Definition 3. Market Risks and Trends Assessment 3.1. Risk Assessment 3.1.1. COVID-19 Crisis and Impact on Healthcare Contract Research Outsourcing 3.1.2. COVID-19 Crisis and Impact on Healthcare Contract Research Outsourcing Prices 3.1.3. COVID-19 Impact Benchmark with Previous Crisis 3.1.3.1. Change in Healthcare Contract Research Outsourcing Demand 3.1.3.2. Before and After COVID-19 Crisis (Projected) 3.1.3.3. Before and After Sub-prime Crisis – 2008 (Actual) 3.1.3.4. Change in Demand post Recovery Period (After Each Crisis) 3.1.4. Impact on Market and Value (US$ Mn) 3.1.4.1. Likely Loss of Value in 2020 3.1.4.2. Mid-term and Long Term Forecast 3.1.4.3. Quarter by Quarter Demand and Recovery Assessment 3.1.5. Anticipated Demand and Value Recovery Curve 3.1.5.1. Likelihood of U-Shape Recovery 3.1.5.2. Likelihood of L-Shape Recovery 3.1.6. Recovery Period Assessment by Key Countries 3.1.7. Recovery Assessment by Key Market Segments 3.1.8. Action Points and Recommendation for Suppliers 3.1.9. Impact on Trade Balance 3.2. Key Trends Impacting the Market 3.3. Formulation and Service Development Trends 4. Market Background and foundation Data Points 4.1. Manufacturing Sector Reached here in Leaps and Bounds 4.2. Need of the Hour for Industries 4.3. Manufacturing Sector at Fore-Front of Technology Adoption 4.4. Industry Wise Industry 4.0 4.5. Healthcare Contract Research Outsourcing – Strategic Priorities 4.6. Service life Cycle Stage 4.7. Importance of Technology 4.8. Healthcare Contract Research Outsourcing: Hype Cycle 4.9. 5 Reasons to Implement Healthcare Contract Research Outsourcing 4.10. Healthcare Contract Research Outsourcing Service 4.11. A Concluding Gap in Industrial Digitization 4.12. 5G – Future of Communications Platform 4.13. 5G vs 4G Comparison 4.14. Use Cases of Healthcare Contract Research Outsourcing in Manufacturing 4.15. Forecast Factors: Relevance and Impact 4.16. Investment Feasibility Matrix 4.17. PESTLE Analysis 4.18. Porter’s Five Forces Analysis 4.19. Market Dynamics 4.19.1. Drivers 4.19.2. Restraints 4.19.3. Opportunity Analysis 4.19.4. Trend 5. Global Healthcare Contract Research Outsourcing Market Demand (US$ Mn) Analysis 2017-2020 and Forecast, 2021-2028 5.1. Historical Market Value (US$ Mn) Analysis, 2017-2020 5.2. Current and Future Market Value (US$ Mn) Projections, 2021-2028 5.2.1. Y-o-Y Growth Trend Analysis 5.2.2. Absolute $ Opportunity Analysis 6. Global Healthcare Contract Research Outsourcing Market Analysis 2017-2020 and Forecast 2021-2028, By Service 6.1. Introduction / Key Findings 6.2. Historical Market Value (US$ Mn) Analysis By Service, 2017-2020 6.3. Current and Future Market Value (US$ Mn) Analysis and Forecast By Service, 2021-2028 6.3.1. Clinical Trial Services 6.3.2. Regulatory Services 6.3.3. Clinical Data Management & Biometrics 6.3.4. Medical Writing 6.3.5. Pharmacovigilance 6.3.6. Site Management Protocol 6.3.7. Others 6.4. Market Attractiveness Analysis By Service 7. Global Healthcare Contract Research Outsourcing Market Analysis 2017-2020 and Forecast 2021-2028, by Therapeutic Area 7.1. Introduction / Key Findings 7.2. Historical Market Value (US$ Mn) Analysis By Therapeutic Area , 2017-2020 7.3. Current and Future Market Value (US$ Mn) Analysis and Forecast By Therapeutic Area, 2021-2028 7.3.1. Oncology/Hematology 7.3.2. CNS 7.3.3. CV/Metabolic 7.3.4. Respiratory 7.3.5. Infectious Diseases 7.3.6. Immunology 7.3.7. Rare Diseases 7.3.8. Medical Devices 7.3.9. Others 7.4. Market Attractiveness Analysis By Therapeutic Area 8. Global Healthcare Contract Research Outsourcing Market Analysis 2017-2020 and Forecast 2021-2028, by End User 8.1. Introduction / Key Findings 8.2. Historical Market Value (US$ Mn) Analysis By End User, 2017-2020 8.3. Current and Future Market Value (US$ Mn) Analysis and Forecast By End User, 2021-2028 8.3.1. Pharmaceutical Companies 8.3.2. Biotechnology Companies 8.3.3. Medical Device Companies 8.3.4. Academic Institutes & Government Organizations 8.4. Market Attractiveness Analysis By End User 9. Global Healthcare Contract Research Outsourcing Market Analysis 2017-2020 and Forecast 2021-2028, by Region 9.1. Introduction / Key Findings 9.2. Historical Market Value (US$ Mn) Analysis By Region, 2017-2020 9.3. Current and Future Market Value (US$ Mn) Analysis and Forecast By Region, 2021-2028 9.3.1. North America 9.3.2. Latin America 9.3.3. Europe 9.3.4. East Asia 9.3.5. South Asia & Oceania 9.3.6. Middle East and Africa (MEA) 9.4. Market Attractiveness Analysis By Region 10. North America Healthcare Contract Research Outsourcing Market Analysis 2017-2020 and Forecast 2021-2028 10.1. Introduction / Key Findings 10.2. Historical Market Value (US$ Mn) Trend Analysis By Market Taxonomy, 2017-2020 10.3. Market Value (US$ Mn) Forecast By Market Taxonomy, 2021-2028 10.3.1. By Country 10.3.1.1. U.S. 10.3.1.2. Canada 10.3.2. By Service 10.3.3. By Therapeutic Area 10.4. Market Attractiveness Analysis 10.4.1. By Country 10.4.2. By Service 10.4.3. By Therapeutic Area 11. Latin America Healthcare Contract Research Outsourcing Market Analysis 2017-2020 and Forecast 2021-2028 11.1. Introduction / Key Findings 11.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2017-2020 11.3. Current and Future Market Value (US$ Mn) Analysis and Forecast By Region, 2021-2028 11.3.1. By Country 11.3.1.1. Brazil 11.3.1.2. Mexico 11.3.1.3. Rest of Latin America 11.3.2. By Service 11.3.3. By Therapeutic Area 11.3.4. By End User 11.4. Market Attractiveness Analysis 11.4.1. By Country 11.4.2. By Service 11.4.3. By Therapeutic Area 11.4.4. By End User 12. Europe Healthcare Contract Research Outsourcing Market Analysis 2017-2020 and Forecast 2021-2028 12.1. Introduction / Key Findings 12.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2017-2020 12.3. Current and Future Market Value (US$ Mn) Analysis and Forecast By Region, 2021-2028 12.3.1. By Country 12.3.1.1. Germany 12.3.1.2. France 12.3.1.3. Italy 12.3.1.4. Spain 12.3.1.5. UK 12.3.1.6. BENELUX 12.3.1.7. Russia 12.3.1.8. Rest of Europe 12.3.2. By Service 12.3.3. By Therapeutic Area 12.3.4. By End User 12.4. Market Attractiveness Analysis 12.4.1. By Country 12.4.2. By Service 12.4.3. By Therapeutic Area 12.4.4. By End User 13. East Asia Healthcare Contract Research Outsourcing Market Analysis 2017-2020 and Forecast 2021-2028 13.1. Introduction / Key Findings 13.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2017-2020 13.3. Current and Future Market Value (US$ Mn) Analysis and Forecast By Region, 2021-2028 13.3.1. By Country 13.3.1.1. China 13.3.1.2. Japan 13.3.1.3. South Korea 13.3.2. By Service 13.3.3. By Therapeutic Area 13.3.4. By End User 13.4. Market Attractiveness Analysis 13.4.1. By Country 13.4.2. By Service 13.4.3. By Therapeutic Area 13.4.4. By End User 14. South Asia & Oceania Healthcare Contract Research Outsourcing Market Analysis 2017-2020 and Forecast 2021-2028 14.1. Introduction / Key Findings 14.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2017-2020 14.3. Current and Future Market Value (US$ Mn) Analysis and Forecast By Region, 2021-2028 14.3.1. By Country 14.3.1.1. India 14.3.1.2. Thailand 14.3.1.3. Malaysia 14.3.1.4. Singapore 14.3.1.5. Vietnam 14.3.1.6. ANZ 14.3.1.7. Rest of South Asia & Oceania 14.3.2. By Service 14.3.3. By Therapeutic Area 14.3.4. By End User 14.4. Market Attractiveness Analysis 14.4.1. By Country 14.4.2. By Service 14.4.3. By Therapeutic Area 14.4.4. By End User 15. Middle East and Africa Healthcare Contract Research Outsourcing Market Analysis 2017-2020 and Forecast 2021-2028 15.1. Introduction / Key Findings 15.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2017-2020 15.3. Current and Future Market Value (US$ Mn) Analysis and Forecast By Region, 2021-2028 15.3.1. By Country 15.3.1.1. GCC Countries 15.3.1.2. South Africa 15.3.1.3. Israel 15.3.1.4. Rest of Middle East and Africa (MEA) 15.3.2. By Service 15.3.3. By Therapeutic Area 15.3.4. By End User 15.4. Market Attractiveness Analysis 15.4.1. By Country 15.4.2. By Service 15.4.3. By Therapeutic Area 15.4.4. By End User 16. Market Structure Analysis 16.1. Market Analysis by Tier of Companies 16.2. Market Concentration 16.3. Market Share Analysis of Top Players 16.4. Market Presence Analysis 17. Competition Analysis 17.1. Competition Dashboard 17.2. Competition Benchmarking 17.3. Competition Deep Dive 17.4. Syneos Health 17.4.1. Company Overview 17.4.2. Service overview 17.4.3. SWOT Analysis 17.4.4. Key Developments 17.5. PAREXEL International 17.5.1. Company Overview 17.5.2. Service overview 17.5.3. SWOT Analysis 17.5.4. Key Developments 17.6. ICON plc 17.6.1. Company Overview 17.6.2. Service overview 17.6.3. SWOT Analysis 17.6.4. Key Developments 17.7. Charles River 17.7.1. Company Overview 17.7.2. Service overview 17.7.3. SWOT Analysis 17.7.4. Key Developments 17.8. IQVIA 17.8.1. Company Overview 17.8.2. Service overview 17.8.3. SWOT Analysis 17.8.4. Key Developments 17.9. Medpace 17.9.1. Company Overview 17.9.2. Service overview 17.9.3. SWOT Analysis 17.9.4. Key Developments 17.10. Pharmaceutical Product Development, LLC. 17.10.1. Company Overview 17.10.2. Service overview 17.10.3. SWOT Analysis 17.10.4. Key Developments 18. Assumptions And Acronyms Used 19. Research Methodology
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List Of Table
Table 1: Global Healthcare Contract Research Outsourcing Market Value (US$ Mn) Analysis, by Service, 2017-2020
Table 2: Global Healthcare Contract Research Outsourcing Market Value (US$ Mn) Analysis, by Service, 2021-2028
Table 3: Global Healthcare Contract Research Outsourcing Market Value (US$ Mn) Opportunity Analysis, by Service, 2021-2028
Table 4: Global Healthcare Contract Research Outsourcing Market Value (US$ Mn) Analysis, by Therapeutic Area, 2017-2020
Table 5: Global Healthcare Contract Research Outsourcing Market Value (US$ Mn) Analysis, by Therapeutic Area, 2021-2028
Table 6: Global Healthcare Contract Research Outsourcing Market Value (US$ Mn) Opportunity Analysis, by Therapeutic Area, 2021-2028
Table 7: Global Healthcare Contract Research Outsourcing Market Value (US$ Mn) Analysis, by End User, 2017-2020
Table 8: Global Healthcare Contract Research Outsourcing Market Value (US$ Mn) Analysis, by End User, 2021-2028
Table 9: Global Healthcare Contract Research Outsourcing Market Value (US$ Mn) Opportunity Analysis, by End User, 2021-2028
Table 10: Global Healthcare Contract Research Outsourcing Market Value (US$ Mn) Analysis, by Region, 2017-2020
Table 11: Global Healthcare Contract Research Outsourcing Market Value (US$ Mn) Analysis, by Region, 2021-2028
Table 12: Global Healthcare Contract Research Outsourcing Market Value (US$ Mn) Opportunity Analysis, by Region, 2021-2028
Table 13: North America Healthcare Contract Research Outsourcing Market Value (US$ Mn) Analysis, by Country, 2017-2020
Table 14: North America Healthcare Contract Research Outsourcing Market Value (US$ Mn) Analysis, by Country, 2021-2028
Table 15: North America Healthcare Contract Research Outsourcing Market Value (US$ Mn) Opportunity Analysis, by Country, 2021-2028
Table 16: North America Healthcare Contract Research Outsourcing Market Value (US$ Mn) Analysis, by Service, 2017-2020
Table 17: North America Healthcare Contract Research Outsourcing Market Value (US$ Mn) Analysis, by Service, 2021-2028
Table 18: North America Healthcare Contract Research Outsourcing Market Value (US$ Mn) Opportunity Analysis, by Service, 2021-2028
Table 19: North America Healthcare Contract Research Outsourcing Market Value (US$ Mn) Analysis, by Therapeutic Area, 2017-2020
Table 20: North America Healthcare Contract Research Outsourcing Market Value (US$ Mn) Analysis, by Therapeutic Area, 2021-2028
Table 21: North America Healthcare Contract Research Outsourcing Market Value (US$ Mn) Opportunity Analysis, by Therapeutic Area, 2021-2028
Table 22: North America Healthcare Contract Research Outsourcing Market Value (US$ Mn) Analysis, by End User, 2017-2020
Table 23: North America Healthcare Contract Research Outsourcing Market Value (US$ Mn) Analysis, by End User, 2021-2028
Table 24: North America Healthcare Contract Research Outsourcing Market Value (US$ Mn) Opportunity Analysis, by End User, 2021-2028
Table 25: Latin America Healthcare Contract Research Outsourcing Market Value (US$ Mn) Analysis, by Country, 2017-2020
Table 26: Latin America Healthcare Contract Research Outsourcing Market Value (US$ Mn) Analysis, by Country, 2021-2028
Table 27: Latin America Healthcare Contract Research Outsourcing Market Value (US$ Mn) Opportunity Analysis, by Country, 2021-2028
Table 28: Latin America Healthcare Contract Research Outsourcing Market Value (US$ Mn) Analysis, by Service, 2017-2020
Table 29: Latin America Healthcare Contract Research Outsourcing Market Value (US$ Mn) Analysis, by Service, 2021-2028
Table 30: Latin America Healthcare Contract Research Outsourcing Market Value (US$ Mn) Opportunity Analysis, by Service, 2021-2028
Table 31: Latin America Healthcare Contract Research Outsourcing Market Value (US$ Mn) Analysis, by Therapeutic Area, 2017-2020
Table 32: Latin America Healthcare Contract Research Outsourcing Market Value (US$ Mn) Analysis, by Therapeutic Area, 2021-2028
Table 33: Latin America Healthcare Contract Research Outsourcing Market Value (US$ Mn) Opportunity Analysis, by Therapeutic Area, 2021-2028
Table 34: Latin America Healthcare Contract Research Outsourcing Market Value (US$ Mn) Analysis, by End User, 2017-2020
Table 35: Latin America Healthcare Contract Research Outsourcing Market Value (US$ Mn) Analysis, by End User, 2021-2028
Table 36: Latin America Healthcare Contract Research Outsourcing Market Value (US$ Mn) Opportunity Analysis, by End User, 2021-2028
Table 37: Europe Healthcare Contract Research Outsourcing Market Value (US$ Mn) Analysis, by Country, 2017-2020
Table 38: Europe Healthcare Contract Research Outsourcing Market Value (US$ Mn) Analysis, by Country, 2021-2028
Table 39: Europe Healthcare Contract Research Outsourcing Market Value (US$ Mn) Opportunity Analysis, by Country, 2021-2028
Table 40: Europe Healthcare Contract Research Outsourcing Market Value (US$ Mn) Analysis, by Service, 2017-2020
Table 41: Europe Healthcare Contract Research Outsourcing Market Value (US$ Mn) Analysis, by Service, 2021-2028
Table 42: Europe Healthcare Contract Research Outsourcing Market Value (US$ Mn) Opportunity Analysis, by Service, 2021-2028
Table 43: Europe Healthcare Contract Research Outsourcing Market Value (US$ Mn) Analysis, by Therapeutic Area, 2017-2020
Table 44: Europe Healthcare Contract Research Outsourcing Market Value (US$ Mn) Analysis, by Therapeutic Area, 2021-2028
Table 45: Europe Healthcare Contract Research Outsourcing Market Value (US$ Mn) Opportunity Analysis, by Therapeutic Area, 2021-2028
Table 46: Europe Healthcare Contract Research Outsourcing Market Value (US$ Mn) Analysis, by End User, 2017-2020
Table 47: Europe Healthcare Contract Research Outsourcing Market Value (US$ Mn) Analysis, by End User, 2021-2028
Table 48: Europe Healthcare Contract Research Outsourcing Market Value (US$ Mn) Opportunity Analysis, by End User, 2021-2028
Table 49: East Asia Healthcare Contract Research Outsourcing Market Value (US$ Mn) Analysis, by Country, 2017-2020
Table 50: East Asia Healthcare Contract Research Outsourcing Market Value (US$ Mn) Analysis, by Country, 2021-2028
Table 51: East Asia Healthcare Contract Research Outsourcing Market Value (US$ Mn) Opportunity Analysis, by Country, 2021-2028
Table 52: East Asia Healthcare Contract Research Outsourcing Market Value (US$ Mn) Analysis, by Service, 2017-2020
Table 53: East Asia Healthcare Contract Research Outsourcing Market Value (US$ Mn) Analysis, by Service, 2021-2028
Table 54: East Asia Healthcare Contract Research Outsourcing Market Value (US$ Mn) Opportunity Analysis, by Service, 2021-2028
Table 55: East Asia Healthcare Contract Research Outsourcing Market Value (US$ Mn) Analysis, by Therapeutic Area, 2017-2020
Table 56: East Asia Healthcare Contract Research Outsourcing Market Value (US$ Mn) Analysis, by Therapeutic Area, 2021-2028
Table 57: East Asia Healthcare Contract Research Outsourcing Market Value (US$ Mn) Opportunity Analysis, by Therapeutic Area, 2021-2028
Table 58: East Asia Healthcare Contract Research Outsourcing Market Value (US$ Mn) Analysis, by End User, 2017-2020
Table 59: East Asia Healthcare Contract Research Outsourcing Market Value (US$ Mn) Analysis, by End User, 2021-2028
Table 60: East Asia Healthcare Contract Research Outsourcing Market Value (US$ Mn) Opportunity Analysis, by End User, 2021-2028
Table 61: South Asia & Oceania Healthcare Contract Research Outsourcing Market Value (US$ Mn) Analysis, by Country, 2017-2020
Table 62: South Asia & Oceania Healthcare Contract Research Outsourcing Market Value (US$ Mn) Analysis, by Country, 2021-2028
Table 63: South Asia & Oceania Healthcare Contract Research Outsourcing Market Value (US$ Mn) Opportunity Analysis, by Country, 2021-2028
Table 64: South Asia & Oceania Healthcare Contract Research Outsourcing Market Value (US$ Mn) Analysis, by Service, 2017-2020
Table 65: South Asia & Oceania Healthcare Contract Research Outsourcing Market Value (US$ Mn) Analysis, by Service, 2021-2028
Table 66: South Asia & Oceania Healthcare Contract Research Outsourcing Market Value (US$ Mn) Opportunity Analysis, by Service, 2021-2028
Table 67: South Asia & Oceania Healthcare Contract Research Outsourcing Market Value (US$ Mn) Analysis, by Therapeutic Area, 2017-2020
Table 68: South Asia & Oceania Healthcare Contract Research Outsourcing Market Value (US$ Mn) Analysis, by Therapeutic Area, 2021-2028
Table 69: South Asia & Oceania Healthcare Contract Research Outsourcing Market Value (US$ Mn) Opportunity Analysis, by Therapeutic Area, 2021-2028
Table 70: South Asia & Oceania Healthcare Contract Research Outsourcing Market Value (US$ Mn) Analysis, by End User, 2017-2020
Table 71: South Asia & Oceania Healthcare Contract Research Outsourcing Market Value (US$ Mn) Analysis, by End User, 2021-2028
Table 72: South Asia & Oceania Healthcare Contract Research Outsourcing Market Value (US$ Mn) Opportunity Analysis, by End User, 2021-2028
Table 73: MEA Healthcare Contract Research Outsourcing Market Value (US$ Mn) Analysis, by Country, 2017-2020
Table 74: MEA Healthcare Contract Research Outsourcing Market Value (US$ Mn) Analysis, by Country, 2021-2028
Table 75: MEA Healthcare Contract Research Outsourcing Market Value (US$ Mn) Opportunity Analysis, by Country, 2021-2028
Table 76: MEA Healthcare Contract Research Outsourcing Market Value (US$ Mn) Analysis, by Service, 2017-2020
Table 77: MEA Healthcare Contract Research Outsourcing Market Value (US$ Mn) Analysis, by Service, 2021-2028
Table 78: MEA Healthcare Contract Research Outsourcing Market Value (US$ Mn) Opportunity Analysis, by Service, 2021-2028
Table 79: MEA Healthcare Contract Research Outsourcing Market Value (US$ Mn) Analysis, by Therapeutic Area, 2017-2020
Table 80: MEA Healthcare Contract Research Outsourcing Market Value (US$ Mn) Analysis, by Therapeutic Area, 2021-2028
Table 81: MEA Healthcare Contract Research Outsourcing Market Value (US$ Mn) Opportunity Analysis, by Therapeutic Area, 2021-2028
Table 82: MEA Healthcare Contract Research Outsourcing Market Value (US$ Mn) Analysis, by End User, 2017-2020
Table 83: MEA Healthcare Contract Research Outsourcing Market Value (US$ Mn) Analysis, by End User, 2021-2028
Table 84: MEA Healthcare Contract Research Outsourcing Market Value (US$ Mn) Opportunity Analysis, by End User, 2021-2028
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List Of Figures
Figure 1: Global Healthcare Contract Research Outsourcing Market Value (US$ Mn) Historical Analysis, 2017-2020
Figure 2: Global Healthcare Contract Research Outsourcing Market Value (US$ Mn) Forecast and Analysis, 2021-2028
Figure 3: Global Healthcare Contract Research Outsourcing Market Value Y-o-Y Growth and Forecast, 2017-2028
Figure 4: Global Healthcare Contract Research Outsourcing Market Incremental $ Opportunity, 2021-2028
Figure 5: Global Healthcare Contract Research Outsourcing Market Share and BPS Analysis by Service, 2021 & 2028
Figure 6: Global Healthcare Contract Research Outsourcing Market Y-o-Y Growth Projections by Service, 2021-2028
Figure 7: Global Healthcare Contract Research Outsourcing Market Attractiveness Analysis by Service, 2021-2028
Figure 8: Global Healthcare Contract Research Outsourcing Market Share and BPS Analysis by Therapeutic Area, 2021 & 2028
Figure 9: Global Healthcare Contract Research Outsourcing Market Y-o-Y Growth Projections by Therapeutic Area, 2021-2028
Figure 10: Global Healthcare Contract Research Outsourcing Market Attractiveness Analysis by Therapeutic Area, 2021-2028
Figure 11: Global Healthcare Contract Research Outsourcing Market Share and BPS Analysis by End User, 2021 & 2028
Figure 12: Global Healthcare Contract Research Outsourcing Market Y-o-Y Growth Projections by End User, 2021-2028
Figure 13: Global Healthcare Contract Research Outsourcing Market Attractiveness Analysis by End User, 2021-2028
Figure 14: Global Healthcare Contract Research Outsourcing Market Share and BPS Analysis by Region, 2021 & 2028
Figure 15: Global Healthcare Contract Research Outsourcing Market Y-o-Y Growth Projections by Region, 2021-2028
Figure 16: Global Healthcare Contract Research Outsourcing Market Attractiveness Analysis by Region, 2021-2028
Figure 17: North America Healthcare Contract Research Outsourcing Market Value (US$ Mn) Historical Analysis, 2017-2020
Figure 18: North America Healthcare Contract Research Outsourcing Market Value (US$ Mn) Forecast and Analysis, 2021-2028
Figure 19: North America Healthcare Contract Research Outsourcing Market Value Y-o-Y Growth and Forecast, 2017-2028
Figure 20: North America Healthcare Contract Research Outsourcing Market Incremental $ Opportunity, 2021-2028
Figure 21: North America Healthcare Contract Research Outsourcing Market Share Analysis by Country, 2021 & 2028
Figure 22: North America Healthcare Contract Research Outsourcing Market Y-o-Y Growth Projection by Country, 2021-2028
Figure 23: North America Healthcare Contract Research Outsourcing Market Attractiveness Analysis by Country, 2021-2028
Figure 24: North America Healthcare Contract Research Outsourcing Market Share and BPS Analysis by Service, 2021 & 2028
Figure 25: North America Healthcare Contract Research Outsourcing Market Y-o-Y Growth Projections by Service, 2021-2028
Figure 26: North America Healthcare Contract Research Outsourcing Market Attractiveness Analysis by Service, 2021-2028
Figure 27: North America Healthcare Contract Research Outsourcing Market Share and BPS Analysis by Therapeutic Area, 2021 & 2028
Figure 28: North America Healthcare Contract Research Outsourcing Market Y-o-Y Growth Projections by Therapeutic Area, 2021-2028
Figure 29: North America Healthcare Contract Research Outsourcing Market Attractiveness Analysis by Therapeutic Area, 2021-2028
Figure 30: North America Healthcare Contract Research Outsourcing Market Share and BPS Analysis by End User, 2021 & 2028
Figure 31: North America Healthcare Contract Research Outsourcing Market Y-o-Y Growth Projections by End User, 2021-2028
Figure 32: North America Healthcare Contract Research Outsourcing Market Attractiveness Analysis by End User, 2021-2028
Figure 33: Latin America Healthcare Contract Research Outsourcing Market Value (US$ Mn) Historical Analysis, 2017-2020
Figure 34: Latin America Healthcare Contract Research Outsourcing Market Value (US$ Mn) Forecast and Analysis, 2021-2028
Figure 35: Latin America Healthcare Contract Research Outsourcing Market Value Y-o-Y Growth and Forecast, 2017-2028
Figure 36: Latin America Healthcare Contract Research Outsourcing Market Incremental $ Opportunity, 2021-2028
Figure 37: Latin America Healthcare Contract Research Outsourcing Market Share Analysis by Country, 2021 & 2028
Figure 38: Latin America Healthcare Contract Research Outsourcing Market Y-o-Y Growth Projection by Country, 2021-2028
Figure 39: Latin America Healthcare Contract Research Outsourcing Market Attractiveness Analysis by Country, 2021-2028
Figure 40: Latin America Healthcare Contract Research Outsourcing Market Share and BPS Analysis by Service, 2021 & 2028
Figure 41: Latin America Healthcare Contract Research Outsourcing Market Y-o-Y Growth Projections by Service, 2021-2028
Figure 42: Latin America Healthcare Contract Research Outsourcing Market Attractiveness Analysis by Service, 2021-2028
Figure 43: Latin America Healthcare Contract Research Outsourcing Market Share and BPS Analysis by Therapeutic Area, 2021 & 2028
Figure 44: Latin America Healthcare Contract Research Outsourcing Market Y-o-Y Growth Projections by Therapeutic Area, 2021-2028
Figure 45: Latin America Healthcare Contract Research Outsourcing Market Attractiveness Analysis by Therapeutic Area, 2021-2028
Figure 46: Latin America Healthcare Contract Research Outsourcing Market Share and BPS Analysis by End User, 2021 & 2028
Figure 47: Latin America Healthcare Contract Research Outsourcing Market Y-o-Y Growth Projections by End User, 2021-2028
Figure 48: Latin America Healthcare Contract Research Outsourcing Market Attractiveness Analysis by End User, 2021-2028
Figure 49: Europe Healthcare Contract Research Outsourcing Market Value (US$ Mn) Historical Analysis, 2017-2020
Figure 50: Europe Healthcare Contract Research Outsourcing Market Value (US$ Mn) Forecast and Analysis, 2021-2028
Figure 51: Europe Healthcare Contract Research Outsourcing Market Value Y-o-Y Growth and Forecast, 2017-2028
Figure 52: Europe Healthcare Contract Research Outsourcing Market Incremental $ Opportunity, 2021-2028
Figure 53: Europe Healthcare Contract Research Outsourcing Market Share Analysis by Country, 2021 & 2028
Figure 54: Europe Healthcare Contract Research Outsourcing Market Y-o-Y Growth Projection by Country, 2021-2028
Figure 55: Europe Healthcare Contract Research Outsourcing Market Attractiveness Analysis by Country, 2021-2028
Figure 56: Europe Healthcare Contract Research Outsourcing Market Share and BPS Analysis by Service, 2021 & 2028
Figure 57: Europe Healthcare Contract Research Outsourcing Market Y-o-Y Growth Projections by Service, 2021-2028
Figure 58: Europe Healthcare Contract Research Outsourcing Market Attractiveness Analysis by Service, 2021-2028
Figure 59: Europe Healthcare Contract Research Outsourcing Market Share and BPS Analysis by Therapeutic Area, 2021 & 2028
Figure 60: Europe Healthcare Contract Research Outsourcing Market Y-o-Y Growth Projections by Therapeutic Area, 2021-2028
Figure 61: Europe Healthcare Contract Research Outsourcing Market Attractiveness Analysis by Therapeutic Area, 2021-2028
Figure 62: Europe Healthcare Contract Research Outsourcing Market Share and BPS Analysis by End User, 2021 & 2028
Figure 63: Europe Healthcare Contract Research Outsourcing Market Y-o-Y Growth Projections by End User, 2021-2028
Figure 64: Europe Healthcare Contract Research Outsourcing Market Attractiveness Analysis by End User, 2021-2028
Figure 65: East Asia Healthcare Contract Research Outsourcing Market Value (US$ Mn) Historical Analysis, 2017-2020
Figure 66: East Asia Healthcare Contract Research Outsourcing Market Value (US$ Mn) Forecast and Analysis, 2021-2028
Figure 67: East Asia Healthcare Contract Research Outsourcing Market Value Y-o-Y Growth and Forecast, 2017-2028
Figure 68: East Asia Healthcare Contract Research Outsourcing Market Incremental $ Opportunity, 2021-2028
Figure 69: East Asia Healthcare Contract Research Outsourcing Market Share Analysis by Country, 2021 & 2028
Figure 70: East Asia Healthcare Contract Research Outsourcing Market Y-o-Y Growth Projection by Country, 2021-2028
Figure 71: East Asia Healthcare Contract Research Outsourcing Market Attractiveness Analysis by Country, 2021-2028
Figure 72: East Asia Healthcare Contract Research Outsourcing Market Share and BPS Analysis by Service, 2021 & 2028
Figure 73: East Asia Healthcare Contract Research Outsourcing Market Y-o-Y Growth Projections by Service, 2021-2028
Figure 74: East Asia Healthcare Contract Research Outsourcing Market Attractiveness Analysis by Service, 2021-2028
Figure 75: East Asia Healthcare Contract Research Outsourcing Market Share and BPS Analysis by Therapeutic Area, 2021 & 2028
Figure 76: East Asia Healthcare Contract Research Outsourcing Market Y-o-Y Growth Projections by Therapeutic Area, 2021-2028
Figure 77: East Asia Healthcare Contract Research Outsourcing Market Attractiveness Analysis by Therapeutic Area, 2021-2028
Figure 78: East Asia Healthcare Contract Research Outsourcing Market Share and BPS Analysis by End User, 2021 & 2028
Figure 79: East Asia Healthcare Contract Research Outsourcing Market Y-o-Y Growth Projections by End User, 2021-2028
Figure 80: East Asia Healthcare Contract Research Outsourcing Market Attractiveness Analysis by End User, 2021-2028
Figure 81: South Asia & Oceania Healthcare Contract Research Outsourcing Market Value (US$ Mn) Historical Analysis, 2017-2020
Figure 82: South Asia & Oceania Healthcare Contract Research Outsourcing Market Value (US$ Mn) Forecast and Analysis, 2021-2028
Figure 83: South Asia & Oceania Healthcare Contract Research Outsourcing Market Value Y-o-Y Growth and Forecast, 2017-2028
Figure 84: South Asia & Oceania Healthcare Contract Research Outsourcing Market Incremental $ Opportunity, 2021-2028
Figure 85: South Asia & Oceania Healthcare Contract Research Outsourcing Market Share Analysis by Country, 2021 & 2028
Figure 86: South Asia & Oceania Healthcare Contract Research Outsourcing Market Y-o-Y Growth Projection by Country, 2021-2028
Figure 87: South Asia & Oceania Healthcare Contract Research Outsourcing Market Attractiveness Analysis by Country, 2021-2028
Figure 88: South Asia & Oceania Healthcare Contract Research Outsourcing Market Share and BPS Analysis by Service, 2021 & 2028
Figure 89: South Asia & Oceania Healthcare Contract Research Outsourcing Market Y-o-Y Growth Projections by Service, 2021-2028
Figure 90: South Asia & Oceania Healthcare Contract Research Outsourcing Market Attractiveness Analysis by Service, 2021-2028
Figure 91: South Asia & Oceania Healthcare Contract Research Outsourcing Market Share and BPS Analysis by Therapeutic Area, 2021 & 2028
Figure 92: South Asia & Oceania Healthcare Contract Research Outsourcing Market Y-o-Y Growth Projections by Therapeutic Area, 2021-2028
Figure 93: South Asia & Oceania Healthcare Contract Research Outsourcing Market Attractiveness Analysis by Therapeutic Area, 2021-2028
Figure 94: South Asia & Oceania Healthcare Contract Research Outsourcing Market Share and BPS Analysis by End User, 2021 & 2028
Figure 95: South Asia & Oceania Healthcare Contract Research Outsourcing Market Y-o-Y Growth Projections by End User, 2021-2028
Figure 96: South Asia & Oceania Healthcare Contract Research Outsourcing Market Attractiveness Analysis by End User, 2021-2028
Figure 97: MEA Healthcare Contract Research Outsourcing Market Value (US$ Mn) Historical Analysis, 2017-2020
Figure 98: MEA Healthcare Contract Research Outsourcing Market Value (US$ Mn) Forecast and Analysis, 2021-2028
Figure 99: MEA Healthcare Contract Research Outsourcing Market Value Y-o-Y Growth and Forecast, 2017-2028
Figure 100: MEA Healthcare Contract Research Outsourcing Market Incremental $ Opportunity, 2021-2028
Figure 101: MEA Healthcare Contract Research Outsourcing Market Share Analysis by Country, 2021 & 2028
Figure 102: MEA Healthcare Contract Research Outsourcing Market Y-o-Y Growth Projection by Country, 2021-2028
Figure 103: MEA Healthcare Contract Research Outsourcing Market Attractiveness Analysis by Country, 2021-2028
Figure 104: MEA Healthcare Contract Research Outsourcing Market Share and BPS Analysis by Service, 2021 & 2028
Figure 105: MEA Healthcare Contract Research Outsourcing Market Y-o-Y Growth Projections by Service, 2021-2028
Figure 106: MEA Healthcare Contract Research Outsourcing Market Attractiveness Analysis by Service, 2021-2028
Figure 107: MEA Healthcare Contract Research Outsourcing Market Share and BPS Analysis by Therapeutic Area, 2021 & 2028
Figure 108: MEA Healthcare Contract Research Outsourcing Market Y-o-Y Growth Projections by Therapeutic Area, 2021-2028
Figure 109: MEA Healthcare Contract Research Outsourcing Market Attractiveness Analysis by Therapeutic Area, 2021-2028
Figure 110: MEA Healthcare Contract Research Outsourcing Market Share and BPS Analysis by End User, 2021 & 2028
Figure 111: MEA Healthcare Contract Research Outsourcing Market Y-o-Y Growth Projections by End User, 2021-2028
Figure 112: MEA Healthcare Contract Research Outsourcing Market Attractiveness Analysis by End User, 2021-2028
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- FAQs -
What was the total market worth of healthcare contract research outsourcing in 2020?
The global healthcare contract research outsourcing market totaled a valuation of US$ 38.4 Bn in 2020.
What is the anticipated CAGR of the healthcare contract research outsourcing market over the forecast period?
The global market for healthcare contract research outsourcing is estimated to expand at a CAGR of 6.6% from 2021 to 2028.
Who are the key providers of healthcare contract research outsourcing services?
Syneos Health, PAREXEL International, ICON plc, Charles River, and IQVIA are key providers of healthcare contract research outsourcing solutions.
Which are the top 5 countries driving demand for healthcare CRO services?
The U.S., U.K, Germany, Japan, and China are expected to drive most demand for healthcare CRO services.
Which is the leading region in the global healthcare contract research outsourcing market?
North America accounts for 43.1% share of the global healthcare contract research outsourcing market.
Which growth trends are driving the market for healthcare contract research outsourcing solutions and services?
Increasing prevalence of chronic diseases and rising research & development of novel drug products are driving market growth.
Healthcare Contract Research Outsourcing Market